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For a Downward-Sloping Demand Curve,a Rightward Shift of a Supply

Question 97

Multiple Choice

For a downward-sloping demand curve,a rightward shift of a supply curve:


A) has no impact on the equilibrium price and quantity.
B) decreases both price and equilibrium quantity.
C) increases both price and equilibrium quantity.
D) decreases equilibrium price and increases equilibrium quantity.
E) increases equilibrium price and decreases equilibrium quantity.

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